Insurance · Ethics and Regulation
Rebating in insurance refers to:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Legally allowed practices in all circumstances
- 2Refund of premium by the insurer due to cancellation
- 3Surrender values paid to the policyholder
- 4Offering a part of the commission as an inducement to the prospect✓
Correct answer
Offering a part of the commission as an inducement to the prospect
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Insurance?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Ethics and Regulation MCQs →Want more practice questions on Ethics and Regulation?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Insurance · Ethics and Regulation